Posted on 11/01/2008 10:18:06 AM PDT by Spktyr
Nissan has just announced a new version of its entry level Versa sedan today, along with an MSRP that will make that car the lowest priced in the country—$9990 before destination and handling ($10,685 after).
The new base model Versa replaces the standard 1.8-liter four with a 1.6-liter unit, an engine that produces 107 horsepower and can deliver 34 miles per gallon on the highway (26 city) when paired with the standard five-speed manual transmission. The optional four-speed automatic delivers a slightly lower 26/33 mpg rating.
As you might expect, Nissan has decontented the Versa somewhat to be able to hit that magical four-digit price tag, though the company has yet to detail what, exactly, will come standard on the least expensive car in the U.S. The company does boast that Versa now combines “the low price of a used car with the dependability, high quality and full factory warranty of every new Nissan.” A powerful argument in difficult financial times. Read the full press release below.
Nissan Announces Lowest-Priced New Car in the U.S.*
- New, 2009 Versa Sedan 1.6 Features $,9,990 MSRP, Excellent Fuel Economy, Design, Quality and Reliability; Available at Dealers November 18 -
FRANKLIN, Tenn. (October 31, 2008) – Nissan North America, Inc. (NNA) today announced a new 2009 Nissan Versa Sedan 1.6 model, which features a starting Manufacturer's Suggested Retail Price (MSRP)* of $9,990* (excluding Destination and Handling). The new Versa focuses squarely on value and fuel economy, with its standard 107-horsepower DOHC 16-valve 1.6-liter inline 4-cylinder engine delivering responsive performance and a 34 mpg highway fuel economy rating (with the 5-speed manual transmission).
The Versa Sedan 1.6 goes on sale at Nissan dealers nationwide beginning November 18, 2008.
"Starting under $10,000, this new Versa Sedan 1.6 has the lowest new-car MSRP in the United States," said Brian Carolin, senior vice president, Sales and Marketing, NNA. "It combines the low price of a used car with the dependability, high quality and full factory warranty of every new Nissan. It's our way of saying that in tough economic times, Nissan is here to help."
Since its introduction in 2006, Nissan Versa has enjoyed strong appeal in the marketplace among buyers seeking fuel efficiency without sacrificing performance or roominess. Versa offers one of the highest standard horsepower/torque ratings and the largest interior in the entry-level segment – along with excellent quality, reliability and durability.
The new high-value Versa Sedan 1.6 model features a smaller displacement 1.6-liter engine (versus the standard 1.8-liter), standard 5-speed manual transmission and simplified content. It is also available with a 4-speed automatic transmission. Fuel economy is rated at 26 mpg city/34 mpg highway with the 5-speed manual and 26 mpg city/33 mpg highway with the 4-speed automatic.
"The new Versa Sedan 1.6 is another way in which Nissan is taking a leadership role in reassuring consumers that now is a great time to consider a new car," said Carolin.
* Based on Manufacturer's Suggested Retail Price (MSRP) of $9,990 for the new, 2009 model year Versa 1.6 Sedan. Claim based on competitive MSRP's in the Lower-Small segment for new, model year 2009 vehicles. MSRP excludes applicable tax, title and license fees. Dealer sets actual price. Prices and specs are subject to change without notice. Destination and Handling $695.
I find it interesting that it's *Nissan* doing this. And from the Big Three? Nothing but crickets.
Another lawn mower with windows ...
It’s bigger than the Chevy Aveo.
You should go drive one. They’re surprisingly roomy inside.
If I used one of those to troll for hookers, would that make it a vice Versa?
This snootiness is asinine. Most of us don't need an SUV or a pickup truck - a small, practical sedan is a valid choice for the average commuter.
It’s not a bad car, although with the 1.6 liter engine it may be a tad underpowered.
Let me know when you come across something in 4WD for less than $10K.
“This snootiness is asinine. Most of us don’t need an SUV or a pickup truck - a small, practical sedan is a valid choice for the average commuter.”
Enjoy your rollerskate on wheels.
Both used to have basic versions which sold for less than 10K.
Ping to read later
Death trap. A Honda Civic gets better gas mileage and is safer (scores well in crash tests), and isn’t that much more money
I’ve had three Nissan’s so far. The first was a Sentra, which I gave to my son when I bought my used Altima back around 2000. I then bought a new 2005 Altima, and I’ve been driving it ever since. I’ve had very good luck with my Nissan’s, and doubt I’ll ever buy any other make of car. A neighbor of mine bought herself a Versa earlier this year and loves it. It’s her first Nissan, and I’m sure not her last.
Can’t speak of the 09, but 08/hatchback has a comfortable interior and it can, uh, take a beating. :)
Quite probably.
By comparison, the former cheap-car leader, the Chevy Aveo, *starts* at $12,625 and is smaller.
Personally, I’d never buy an econobox for my own usage, but I can certainly appreciate basic transport modules.
I wonder if it has a warning to stay away from freeway on-ramps?
Agree 100%. I think there will be a good market for a small, basic car of reasonable quality.
I have an 07 Nissan Altima, 2.5 6 speed manual that delkivers 36 MPG highway. This car is basically maintenance free. Can’t say enough about it! I wish GM could come up with something as good.....
The e-peen is strong in you.
Just in time!
You can buy one with your "O"-boma tax cut!
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